The cement producer said in a statement posted on the Saudi bourse website that the dividend represents 22.5% of its paid-up capital.
Shareholders who will be registered at the local bourse on July 28 will be eligible for the dividend, Omar Al Omar, the company’s general manager said.
Qassim Cement reported in April a 4.2% drop in its first quarter net profit to SAR145.2m compared with the year earlier period, according to Zawya.com data.
